Salmon industry analysts largely welcomed the move by Bakkafrost to take a controlling stake in The Scottish Salmon Company (SSC), although there is a warning that the Faroe Islands-based firm is taking on an element of risk.

Bakkafrost announced Wednesday it is acquiring 68.6 percent of SSC from Northern Link Ltd., the Faroese company's first salmon farming acquisition outside of its home country.

Bakkafrost will fund the acquisition and subsequent mandatory tender offer through a mix of debt and equity, including an accelerated share offering of roughly 15 percent of share capital and a 5 percent share capital issue of Bakkafrost shares to Northern Link.